Ministry of Commerce & Industry
Index of Eight Core Industries  for October, 2020
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of October, 2020.
2. The combined Index of Eight Core Industries stood at 124.2 in October,2020, which declined by 2.5  per cent as compared to the Index of October, 2019.Its cumulative growth during April to October, 2020-21 has been 13.0%.
3. Final growth rate of Index of Eight Core Industries for July’2020 is revised to 7.6%.The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production .Details of yearly/monthly index and growth rate is provided atAnnexure.
4.Monthly growth rates of Index of Eight Core Industries  is depicted in the graph:
5. The summary of the Index of Eight Core Industries is given below:
Coal- Coal production  increasedby 11.6 per cent in October, 2020 over October,2019. Its cumulative index declined by 3.6per cent during April toOctober, 2020-21over corresponding period of the previous year.
Crude Oil-Crude Oil production  declined by 6.2 per cent inOctober, 2020 over October,2019. Its cumulative index declined by 6.1 per cent during April toOctober, 2020-21over the corresponding period of previous year.
Natural Gas- The Natural Gas production  declinedby8.6 per cent in October, 2020 over October,2019. Its cumulative index declined by 12.5 per cent during April to October, 2020-21 over the corresponding period of previous year.
Refinery Products- Petroleum Refinery production  declined by17.0 per cent in October, 2020 over October,2019. Its cumulative index declinedby 16.4per cent during April to October, 2020-21over the corresponding period of previous year.
Fertilizers-Fertilizers production  increased by 6.3 per cent in October,2020 overOctober,2019. Its cumulative index increasedby 4.1 per cent during April toOctober, 2020-21 over the corresponding period of previous year.
Steel-Steel production  declinedby 2.7 per cent inOctober, 2020 over October,2019. Its cumulative index declined by 22.8per centduring April to October, 2020-21 over the corresponding period of previous year.
Cement-Cement production  increasedby2.8per cent inOctober, 2020overOctober,2019. Its cumulative index declinedby21.3per centduring April to October, 2020-21over the corresponding period of previous year.
Electricity- Electricity generation  increasedby10.5per centin October,2020over October,2019. Its cumulative indexdeclined by 5.6per cent duringApril to October, 2020-21over the corresponding period of previous year.
Note 1: Data for August, 2020, September, 2020and October, 2020are provisional.
Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled  under the item ‘Cold Rolled  coils’ within the production of finished steel has also been included.
Note5: Release of the index for November, 2020 will be on Thursday 31st December,2020.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
Apr- Oct 2019-20
|
|
Apr- Oct 2020-21
|
|
Coal
|
|
10.3335
|
|
103.2
|
|
104.2
|
|
112.6
|
|
118.0
|
|
121.8
|
|
124.9
|
|
134.1
|
|
133.6
|
|
110.2
|
|
106.3
|
|
Crude Oil
|
|
8.9833
|
|
99.4
|
|
99.2
|
|
98.4
|
|
97.0
|
|
94.5
|
|
93.7
|
|
89.8
|
|
84.5
|
|
86.0
|
|
80.7
|
|
Natural Gas
|
|
6.8768
|
|
85.6
|
|
74.5
|
|
70.5
|
|
67.2
|
|
66.5
|
|
68.4
|
|
69.0
|
|
65.1
|
|
66.8
|
|
58.4
|
|
Refinery Products
|
|
28.0376
|
|
107.2
|
|
108.6
|
|
108.8
|
|
114.1
|
|
119.7
|
|
125.2
|
|
129.1
|
|
129.4
|
|
127.3
|
|
106.4
|
|
Fertilizers
|
|
2.6276
|
|
96.7
|
|
98.1
|
|
99.4
|
|
106.4
|
|
106.6
|
|
106.6
|
|
107.0
|
|
109.8
|
|
108.3
|
|
112.8
|
|
Steel
|
|
17.9166
|
|
107.9
|
|
115.8
|
|
121.7
|
|
120.2
|
|
133.1
|
|
140.5
|
|
147.7
|
|
152.6
|
|
152.8
|
|
117.9
|
|
Cement
|
|
5.3720
|
|
107.5
|
|
111.5
|
|
118.1
|
|
123.5
|
|
122.0
|
|
129.7
|
|
147.0
|
|
145.7
|
|
141.7
|
|
111.6
|
|
Electricity
|
|
19.8530
|
|
104.0
|
|
110.3
|
|
126.6
|
|
133.8
|
|
141.6
|
|
149.2
|
|
156.9
|
|
158.4
|
|
164.9
|
|
155.6
|
|
Overall Index
|
|
100.0000
|
|
103.8
|
|
106.5
|
|
111.7
|
|
115.1
|
|
120.5
|
|
125.7
|
|
131.2
|
|
131.6
|
|
130.0
|
|
113.1
Growth Rates 
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
Apr- Oct 2019-20
|
|
Apr- Oct 2020-21
|
|
Coal
|
|
10.3335
|
|
3.2
|
|
1.0
|
|
8.0
|
|
4.8
|
|
3.2
|
|
2.6
|
|
7.4
|
|
-0.4
|
|
-5.8
|
|
-3.6
|
|
Crude Oil
|
|
8.9833
|
|
-0.6
|
|
-0.2
|
|
-0.9
|
|
-1.4
|
|
-2.5
|
|
-0.9
|
|
-4.1
|
|
-5.9
|
|
-5.8
|
|
-6.1
|
|
Natural Gas
|
|
6.8768
|
|
-14.4
|
|
-12.9
|
|
-5.3
|
|
-4.7
|
|
-1.0
|
|
2.9
|
|
0.8
|
|
-5.6
|
|
-2.6
|
|
-12.5
|
|
Refinery Products
|
|
28.0376
|
|
7.2
|
|
1.4
|
|
0.2
|
|
4.9
|
|
4.9
|
|
4.6
|
|
3.1
|
|
0.2
|
|
-1.7
|
|
-16.4
|
|
Fertilizers
|
|
2.6276
|
|
-3.3
|
|
1.5
|
|
1.3
|
|
7.0
|
|
0.2
|
|
0.03
|
|
0.3
|
|
2.7
|
|
2.6
|
|
4.1
|
|
Steel
|
|
17.9166
|
|
7.9
|
|
7.3
|
|
5.1
|
|
-1.3
|
|
10.7
|
|
5.6
|
|
5.1
|
|
3.4
|
|
6.7
|
|
-22.8
|
|
Cement
|
|
5.3720
|
|
7.5
|
|
3.7
|
|
5.9
|
|
4.6
|
|
-1.2
|
|
6.3
|
|
13.3
|
|
-0.9
|
|
-0.6
|
|
-21.3
|
|
Electricity
|
|
19.8530
|
|
4.0
|
|
6.1
|
|
14.8
|
|
5.7
|
|
5.8
|
|
5.3
|
|
5.2
|
|
0.9
|
|
1.5
|
|
-5.6
|
|
Overall Growth
|
|
100.0000
|
|
3.8
|
|
2.6
|
|
4.9
|
|
3.0
|
|
4.8
|
|
4.3
|
|
4.4
|
|
0.4
|
|
0.3
|
|
-13.0
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Oct-19
|
|
109.6
|
|
86.3
|
|
66.3
|
|
134.2
|
|
115.5
|
|
149.5
|
|
137.0
|
|
145.8
|
|
127.4
|
|
Nov-19
|
|
133.6
|
|
82.4
|
|
64.4
|
|
133.0
|
|
116.7
|
|
154.9
|
|
142.4
|
|
139.9
|
|
129.2
|
|
Dec-19
|
|
152.9
|
|
83.5
|
|
65.5
|
|
130.5
|
|
120.5
|
|
165.2
|
|
159.2
|
|
150.2
|
|
135.5
|
|
Jan-20
|
|
164.7
|
|
85.0
|
|
65.3
|
|
134.4
|
|
116.5
|
|
155.4
|
|
164.1
|
|
155.6
|
|
137.4
|
|
Feb-20
|
|
171.1
|
|
75.6
|
|
58.3
|
|
128.9
|
|
107.8
|
|
152.9
|
|
160.7
|
|
153.6
|
|
134.0
|
|
Mar-20
|
|
209.7
|
|
85.0
|
|
60.1
|
|
135.3
|
|
98.3
|
|
133.2
|
|
129.8
|
|
146.9
|
|
134.0
|
|
Apr-20
|
|
103.7
|
|
80.2
|
|
53.3
|
|
94.2
|
|
85.0
|
|
26.9
|
|
22.5
|
|
125.6
|
|
81.2
|
|
May-20
|
|
109.4
|
|
82.0
|
|
57.2
|
|
102.0
|
|
113.4
|
|
96.4
|
|
117.3
|
|
150.6
|
|
107.7
|
|
Jun-20
|
|
104.3
|
|
79.6
|
|
58.1
|
|
110.6
|
|
114.6
|
|
122.3
|
|
137.8
|
|
156.2
|
|
116.3
|
|
Jul-20
|
|
100.3
|
|
83.0
|
|
61.2
|
|
114.5
|
|
119.4
|
|
141.9
|
|
126.8
|
|
166.3
|
|
122.5
|
|
Aug-20
|
|
98.3
|
|
81.2
|
|
61.0
|
|
105.9
|
|
120.8
|
|
147.4
|
|
109.1
|
|
162.7
|
|
119.1
|
|
Sep-20
|
|
105.8
|
|
78.3
|
|
57.5
|
|
106.3
|
|
113.5
|
|
145.1
|
|
126.7
|
|
166.4
|
|
120.5
|
|
Oct-20
|
|
122.2
|
|
80.9
|
|
60.6
|
|
111.5
|
|
122.8
|
|
145.4
|
|
140.9
|
|
161.1
|
|
124.2
Growth Rates 
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Growth
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Oct-19
|
|
-17.6
|
|
-5.1
|
|
-5.6
|
|
0.4
|
|
11.8
|
|
-0.5
|
|
-7.7
|
|
-12.2
|
|
-5.5
|
|
Nov-19
|
|
-3.5
|
|
-6.0
|
|
-6.4
|
|
3.1
|
|
13.6
|
|
7.0
|
|
4.3
|
|
-4.9
|
|
0.7
|
|
Dec-19
|
|
6.1
|
|
-7.4
|
|
-9.2
|
|
3.0
|
|
10.2
|
|
8.7
|
|
5.5
|
|
0.0
|
|
3.1
|
|
Jan-20
|
|
8.0
|
|
-5.3
|
|
-9.0
|
|
1.9
|
|
-0.1
|
|
1.6
|
|
5.1
|
|
3.2
|
|
2.2
|
|
Feb-20
|
|
11.3
|
|
-6.4
|
|
-9.6
|
|
7.4
|
|
2.9
|
|
2.9
|
|
7.8
|
|
11.5
|
|
6.4
|
|
Mar-20
|
|
4.0
|
|
-5.5
|
|
-15.1
|
|
-0.5
|
|
-11.9
|
|
-21.9
|
|
-25.1
|
|
-8.2
|
|
-8.6
|
|
Apr-20
|
|
-15.5
|
|
-6.4
|
|
-19.9
|
|
-24.2
|
|
-4.5
|
|
-82.8
|
|
-85.2
|
|
-22.9
|
|
-37.9
|
|
May-20
|
|
-14.0
|
|
-7.1
|
|
-16.8
|
|
-21.3
|
|
7.5
|
|
-40.4
|
|
-21.4
|
|
-14.8
|
|
-21.4
|
|
Jun-20
|
|
-15.5
|
|
-6.0
|
|
-12.0
|
|
-8.9
|
|
4.2
|
|
-23.2
|
|
-6.8
|
|
-10.0
|
|
-12.4
|
|
Jul-20
|
|
-5.7
|
|
-4.9
|
|
-10.2
|
|
-13.9
|
|
6.9
|
|
-6.5
|
|
-13.5
|
|
-2.4
|
|
-7.6
|
|
Aug-20
|
|
3.6
|
|
-6.3
|
|
-9.5
|
|
-19.1
|
|
7.3
|
|
-1.7
|
|
-14.5
|
|
-1.8
|
|
-7.3
|
|
Sep-20
|
|
21.2
|
|
-6.0
|
|
-10.6
|
|
-9.5
|
|
-0.3
|
|
2.8
|
|
-3.5
|
|
4.8
|
|
-0.1
|
|
Oct-20
|
|
11.6
|
|
-6.2
|
|
-8.6
|
|
-17.0
|
|
6.3
|
|
-2.7
|
|
2.8
|
|
10.5
|
|
-2. 5